Post
Topic
Board Speculation (Altcoins)
Re: Will 2020 be bearish as well?
by
potatopower
on 17/01/2020, 21:15:05 UTC
Bitcoin's long bull market means a long bear market for altcoins until the price of BTC at one stage is stable. The altcoins follow the BTC price, and altcoin's reaction happens faster, which depends on the few variables such as investors selling altcoins and converting their money to BTC. And fresh money comes into the crypto markets and that money goes directly to the BTC market. So probably the next year we will see big increase in price.